Monthly Archives: April 2015

The economic reality for North Carolinians varies greatly depending on where one lives and works, according to the latest labor market data on conditions in the the state's metro areas and counties.

Monthly Workshop to Help Landlords Effectively Manage Properties and Halt Illegal Activity; Pre-Registration Deadline May 18. City of Durham Neighborhood Improvement Services Department, Durham Police Department, Solid Waste Management Department, Public Works Department Stormwater & GIS Services Division, Water Management Department, and the Durham City/County Planning Department. Other sponsors include Durham Housing Authority and Legal Aid of North Carolina, Inc.

WHR Architects, one of the nation’s leading healthcare architectural practices, has expanded its healthcare presence in North Carolina, establishing an office in Raleigh. While WHR has been working with clients in the region since 2009, the strategic decision was based on increased demand for healthcare services in North Carolina, as well as WHR’s dynamic growth and its recent merger with EYP, a recognized leader in the design of facilities for higher education and government. WHR’s office is located at 811 West Hargett Street

Avanath Capital Management, LLC, a private real estate investment manager, has acquired a two-property, 553-unit affordable housing portfolio in Orlando, Florida and Cary, North Carolina for $45.9 million through an off-market transaction.

Investors Management Group, Inc. has selected Pegasus Residential to lease and manage Lynden Square, a 476 unit community located in Charlotte, just minutes from both Uptown Charlotte and South Park Mall

Real Estate Scorecard is the industry leader of online real estate reviews, keeping buyers informed about what's happening at the most popular master planned communities and best cities to live in Florida, Georgia, the Carolinas, Tennessee and Central America.

Governor Pat McCrory issued the following statement after the Raleigh City Council approved a contract that calls for the City of Raleigh to purchase the 300-acre Dorothea Dix property from the State of North Carolina for approximately $52 million

North Carolina Commerce Secretary John E. Skvarla, III and Assistant Secretary for Rural Development Dr. Patricia Mitchell announced today that the N.C. Rural Infrastructure Authority (RIA) approved 16 grants or loans totaling more than $4.7 million with the commitment of 392 new jobs.

O’Neil Digital Solutions, LLC will open a new facility in Union County and create 250 new jobs over the next five years. The company plans to invest $90.7 million in the town of Monroe over the same period.

Two Northern California real estate investors have agreed to plead guilty for their role in bid rigging and fraud conspiracies at public real estate foreclosure auctions in Northern California, the Department of Justice announced

USDA Secretary Tom Vilsack today announced funding for six rural electric infrastructure projects, including three in North Carolina that will use solar energy to generate electricity for rural communities.

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Hobby Lobby property located at 141 North Pointe Blvd in Statesville, NC for $6,649,500. The 55,000 square foot newly constructed Hobby Lobby is strategically located near the Interstate 40 and Interstate 77 interchange along Highway 21. The surrounding area features many national retailers including Lowe’s, Home Depot, Staples, Aldi, TJ Maxx, and Michael’s.

USDA Secretary Tom Vilsack today announced funding for six rural electric infrastructure projects, including three in North Carolina that will use solar energy to generate electricity for rural communities.

Governor Pat McCrory unveiled the Connect NC bond proposals that will connect North Carolina cities and towns by building roads, upgrading technology and constructing education facilities. Joining Governor McCrory at the Connect NC announcement were Department of Transportation Secretary Tony Tata and Budget Director Lee Roberts.

The Greater Asheville Regional Airport Authority has been awarded a $10 million grant by the U.S. Department of Transportation for use towards its ongoing airfield redevelopment project.